News & Analysis as of

Employee Retirement Income Security Act (ERISA) New Legislation Penalties

BCLP

Compliance Check-Up: Illinois Consumer Coverage Disclosure Act

BCLP on

On August 21, 2021, Illinois enacted the Consumer Coverage Disclosure Act (the “CCDA”) requiring that Illinois employers provide a disclosure to employees which comparing the employer’s group health plan compares with the...more

McDermott Will & Schulte

Up, Up and Away: 2020 Increased Penalties for Employee Benefit Plans

For 2020, legislation enacted in December of 2019 dramatically increases penalties imposed by the Internal Revenue Code (the Code) for late filing of certain employee benefit plan notices and reports. In addition, a final...more

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